11 Articles match "2008","New Jersey"

• The Best from RealtyTrac

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• Now Homebuilders Face Foreclosure
  
  in New Jersey, and Neumann Homes Inc. Sales of new homes have suffered the biggest decline since records began in 1963. New-home sales plunged 26.4 But many homebuilders — both publicly and privately held — will become extinct in 2008. For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate. But for many U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Bubble monitoring
  
  For instance, there are a plethora ofblogs such as The Housing Bubble and Northern New Jersey Real Estate Bubble that use the rising foreclosure numbers shown by RealtyTracs data tosupport their theory of a real estate bubble about to burst. Its always fascinating to see the different ways people useRealtyTracs foreclosure data. Many ofthese bloggers take the time to drill down to the RealtyTrac data intheir area and display that to their readers.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Latest Census Data Suggest More Foreclosures Coming
  
  A new report just released by the U.S. Foreclosure Market Report for August 2006 , the city also had the third highest number of foreclosures in California with a foreclosure rate of one new foreclosure filing for every 745 households — 1.35 Or consider New Jersey, which had the highest monthly housing cost for homeowners in the nation, at $1,938. Will the thinly stretched finances of U.S. homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble?
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 1 Million Foreclosures and Counting
  
  The report shows a foreclosure rate of one new foreclosure filing for every 1,001 U.S. Georgia, Michigan, Illinois, Florida, Ohio, Tennessee, New Jersey and Utah also documented foreclosure rates among the nation’s 10 highest in October. California recorded more than 16,000 new foreclosure filings during the month, the most of any state for the second month in a row and more than three times the number reported in October 2005. Foreclosures filings for the year surpassed the 1 million mark in October, when 115,568 foreclosure documents were recorded nationwide, according to the RealtyTrac U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Whitney Houston: Diva in Default
  
  Thanks to delinquent mortgage payments totaling more than $1million, singer Whitney Houston faces the possibility of foreclosure on a home in New Jersey, according to the AssociatedPress . The news service reports that one of two lots owned by Houston was scheduled for public auction on January 4 by the Morris County’sSheriff’s office. Houston’spublicist told a local newspaper that the property is not in foreclosure andlater was not available for comment to the Associated Press.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• U.S. Foreclosure Activity Surges in First Quarter
  
  Colorado and Georgia rounded out the top three state foreclosure rates, followed by Michigan, California, Florida, Arizona, Ohio, Texas and New Jersey. U.S. foreclosure activity in the first quarter of 2007 was up 35 percent from the first quarter of 2006, according to the RealtyTrac U.S. Foreclosure Market Report released today.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Study Forecasts Rising Subprime Foreclosures
  
  A new study released yesterday by the Center for Responsible Lending projects that one out of five subprime mortgages originated in the past two years will end in foreclosure, costing homeowners as much as $164 billion. “This rate is nearly double the projected rate of subprime loans made in 2002, and it exceeds the worst foreclosure experience in the modern mortgage market, which occurred during the “Oil Patch” disaster of the 1980s. It warns cities in California, Nevada, New Jersey, New York and Michigan, as well as the greater Washington, D.C. The study, which cites RealtyTrac numbers as one of its sources, looked at subprime foreclosure rates from 1998 through 2006 and closely ties those rates to house price appreciation.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• March Mania and RealtyTrac's Sweet 16 Foreclosure List
  
  Pittsburgh, PA — Opening Bid: $1,650 2) North Carolina — 2813 Bedfordshire Ct, Raleigh, NC — Opening Bid: $3,582 3) Massachusetts — 95-97 Dartmouth, Medford, MA — Opening Bid: $5,000 4) New Jersey — 115 Columbus Ave., Greeley, CO — Opening Bid: $124,199 4) New Mexico — 1822 Tierra de la Luna Dr. Each spring brings the beginning of the real estate sales season and the end of college basketball, culminating with March Mania and the much awaited NCAA Sweet 16 playoff. This weekend, as the best college basketball players square off, RealtyTrac will tip off its Sweet 16 foreclosure
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Tips for Buying Short Sales from the Lender
  
  For more detailed information, read Make Money in Short Sale Foreclosures , by Chantal Howell Carey and Bill Cary (Wiley, New Jersey), 2006, $29.95, 267 pages. With more and more sellers unloading their homes for less than what they owe on their mortgages, now is a good time for investors to start negotiating “short sales” with lenders . Real estate investors can find good deals as long as you are aware of the extra time and work required to make it happen.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Avoid and Stop Foreclosure - Help at RealtyTrac
  
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  www.realtytrac.com - Tuesday, February 3, 2009
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